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Malaysia’s leading index rebounds in February

KUALA LUMPUR, April 20 (Xinhua) — Malaysia’s leading index (LI) rebounded 0.6 percent to 111.6 points in February, signaling an optimistic economy in the near term, official data showed Thursday.

The Department of Statistics Malaysia (DOSM) said that based on the LI trend, the economic outlook in Malaysia is expected to improve in the near term supported by domestic demand and resilient policy measures under Bu